Seadrill Limited announces today that itssubsidiary, Seadrill Partners, as part of a settlement agreement has agreed tonon-payment for 37 days during the recent mobilization period as a result of thetime required for the ultra-deepwater harsh environment semi-submersible WestAquarius to complete modifications and repairs in order to meet the regulatoryrequirements for operations in Canadian waters and for the operator to receiveauthorization from the Canadian authorities to commence operation. This losswill negatively impact third quarter results.In conjunction, it is negotiating an 18 month contract extension therebyextending the operations for the rig off the east coast of Canada until April2017. The new contract, which will be subject to required approvals by thejoint interest owners, is expected to be executed by November 30, 2013.The total revenue potential for the extension is estimated to beapproximately US$337 million.This information is subject of the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.[HUG#1734929]